“SAP Business One for us has been all about process improvement. It’s really helped to facilitate that, it’s simple and it’s been easy to use”
Thames & Kosmos is a wholesale distributor of educational science kits, board games and craft kits for children. Like many small companies, Thames & Kosmos was running Quickbooks Pro which suited their needs as a small-scale business. However, as the company grew, they quickly faced performance issues and slow system response since Quickbooks couldn’t sustain the increasing number of transactions. After acknowledging the problem, Thames & Kosmos decided to move forward with SAP Business One and N’ware Technologies. Since the initial implementation, their growth continued in terms of increasing sales volume and SAP Business One kept pace with the demand. A few years ago, Thames & Kosmos moved into a new warehouse and the operations team had to a long list of new criteria and requirements. Thames & Kosmos and N’ware Technologies teamed up again to review every process, workflow & procedure and make sure SAP Business One continues to facilitate process improvement and be the best solution for them.
Flexibility to scale and meet the needs of growing organizations
User-friendly and intuitive interface
Wide range of fully integrated applications to meet industry specific needs
Strengthened bottom line & improved business process
About Thames & Kosmos
Thames & Kosmos was founded in 2001 with the mission of improving science education by publishing high-quality science and technology related educational products for children of all ages. Thames & Kosmos places an emphasis on teaching concepts and skills through hands-on modeling of real-world devices and processes, and by offering comprehensive, meaningful reading materials for a rich learning experience.
“SAP Business One allowed us [EBR] to double our revenues and enabled us to control production flows, which made us take a giant step forward. SAP Business One is THE system.”
EBR Inc., a specialist in the development and manufacturing of food processing equipment, was looking for a 100% integrated system, to simplify data management and streamline its business processes. EBR had been running two different systems which caused duplicated manual entries and a lack of reliability during data transfer. EBR went through a comprehensive ERP selection process to evaluate potential candidates. SAP Business One was, for EBR, the most complete solution to suit their needs, and N’ware Technologies was the ideal partner to help them throughout the implementation process and to support the company’s future growth.
Fully integrated business management solution
Effective large-scale projects management
Easily extended functionalities to meet evolving needs
Increased control of production flows
About ERB Inc.
EBR Inc, a Quebec-based company, offers the technology and expertise to optimize your production. The company offers a range of durable equipment and machinery to process whatever food you produce – dairy, cosmetics, pharmaceuticals, beers, pastries and more.
“We looked at some systems that were just plug-in right out the box, others that you had to fully customize, and we felt that SAP Business One was somewhere in the middle. It gave us some right out of the box functionality as well as was flexible enough to customize certain aspects of it that allowed us to maintain the uniqueness of our business.”
Boston Organics used several systems and databases to manage their clients, inventory and deliveries, which over the years became highly inefficient and didn’t allow to introduce improvements in their business model.
Fully integrated business management solution
System’s flexibility and scalability
Easily extended functionalities to meet evolving needs
User friendly and intuitive interface
About Boston Organics
Boston Organics provides access to fresh, organic produce to promote and support healthy living in a mindful and sustainable way that respects the environment supports local farms, local businesses, and fair-trade practices.
The clock starts the very moment a CFO steps into the portfolio company of a Private Equity Firm and their job isn’t an easy one. The CFO must review and analyze volumes of financial data, then determine how to make the smart decisions that can turn a company around. A modern enterprise resource planning (ERP) solution can streamline data management, offer business intelligence, and strengthen communication between stakeholders, CEO and other key players.
Private equity firms are in the business of investing in portfolio companies, each of which need to increase revenue, reduce waste and generate healthy profit margins to create value for shareholders and investors. In order to reach these lofty goals, more firms are turning to modern technology. A fully integrated ERP and CRM solution will provide greater control and insight over finances, operations, and improve the bottom line.
By David Trumbull and Glenn Page, independent business consultants with expertise in Foreign Trade Zones
What is a Foreign Trade Zone?
In 1934, Congress enacted the Foreign Trade Zones Act “to expedite and encourage foreign commerce.” The Act created domestic “foreign-trade zones”, and was designed to stimulate international trade and create jobs in the United States.
When you operate under Foreign Trade Zone procedures, your company is treated (for purposes of customs duties) like it’s located outside the United States. That can mean that U.S. import duties don’t have to be paid on imported components coming to your factory. If your finished product is ultimately shipped to the U.S. market, you may have the option of paying the finished product duty rate rather than the component duty rate. (Many finished products have lower duty rates – or are duty-free – than their components.) And if you re-export the finished product, you don’t ever pay duties on the component materials. There are other potential savings, too, like avoiding duties on imported materials that become scrap, and possible administrative savings and efficiencies.
Simplify Inventory Optimization With the Right ERP Solution
With thousands of inventory items to track, busy manufacturers and distributors can easily lose sight of inventory and cash flow. Growing businesses simply can’t manage sales order processing and fulfillment for high volumes of quick-moving inventory using spreadsheets and manual means. Gain greater control and insight over inventory by deploying an integrated enterprise resource planning (ERP) solution tailored for manufacturing and distribution.
Effective June 15, 2016, the Federal Acquisition Regulation (FAR) has a new amendment which covers basic safeguarding of all “covered” Contractor Information Systems, including accounting software and ERP systems, in regard to Controlled Unclassified Information (CUI). This amendment has been four years in the making and covers the General Services Administration (GSA), Department of Defense (DoD), and National Aeronautics and Space Administration (NASA).
Busy manufacturers and distributors rely on the procurement department to ensure that the warehouse is well-stocked at all times. Manufacturing operations can quickly come to a halt when raw materials are lacking and customers will become frustrated when they experience backorders or partial shipments. In this fast-paced marketplace, disconnected business systems and manual processes wreak havoc when making strategic procurement decisions. A modern enterprise resource planning (ERP) solution, such as SAP Business One, can strengthen procurement operations and build a better bottom line.
Optimize Procurement Processes with ERP
Manage all of the moving parts of your business within SAP Business One including finances, inventory, suppliers and vendors, manufacturing and distribution operations, as well as other core business processes. An integrated solution makes it easier to enter, access, and analyze business data, which makes it easier to put that data to good use. With the right data at your fingertips, you can optimize procurement operations.
Automate procurement processes: SAP Business One automates many common procurement tasks, which can save valuable time and improve the consistency of these tasks. You can create purchase orders, for example, that can then be automatically sent to a vendor with a request for quote.
Purchase planning: Built-in business intelligence features can highlight trending inventory data, such as products that are increasing in popularity or decreasing. Armed with this insight, you can determine which items to purchase or avoid.
Strengthen supplier relationships: Manage supplier and vendor data within SAP Business One, including details for items purchased, prices, transaction dates and delivery results. Know which vendors can deliver on short notice or offer better pricing so that you can schedule production and ensure on-time deliveries for customers.
Boost profit margins: By connecting business processes with accounting and gaining visibility throughout warehouses and distribution centers, you can avoid buying stock you already have and monitor safety inventory levels to reduce carrying costs.
Improve customer satisfaction: Don’t lose customers to backorders. Strengthen procurement insight and inventory management to ensure you have the products they want, when they want them.
Your procurement team doesn’t have time to manage inventory or make strategic purchasing decisions using manual processes. Work efficiently, improve insight, and make the data-driven decisions that improve customer satisfaction and profit margins. Contact N’Ware Technologies for more information about optimizing procurement operations with ERP.
“We have had our two highest months in sales on record since going live with SAP Business One.”
– Mathieu Hamel, R&D Director
Claisse is now able to locate information and measure the data to make informed decisions about the future of the company.
“Implementing SAP Business One has had a huge impact on our business in terms of time savings. Previously, we could spend half a day searching for information so that we could do our follow-ups with customers. We have been able to cut down our printing by 80% and in addition we have practically eliminated duplicate work, which allows for huge time savings.”